While we still see choppy financial markets amid high interest rates, it is worth pausing to recognise leading financial institutions across Asia that have forged through and made waves in these volatile times.
The goal posts have not changed: each of Asia's markets is bound by net zero commitments; and digital transformation continues to drive regulatory discourse and development around emerging sectors and virtual assets. As a result, sustainability and digitisation continue to be underlying themes shaping a new paradigm for deal-making in the region.
The FinanceAsia team invited banks, brokers, ratings agencies and other financial institutions, to showcase their capabilities when supporting their clients. Our awards process celebrates those institutions that showed determination to deliver desirable outcomes, through the display of commercial and technical acumen.
This year marks the 28th iteration of our FinanceAsia awards and celebrates activity that has taken place within the past year (2023).
Read on for details of the winners and finalists (entrants whose submissions were highly commended by our jury) for North Asia. Full write-ups explaining the rationale behind winner selection will be published in the summer edition of the FinanceAsia magazine, with subsequent syndication online.
Congratulations to all of our winners in the following markets:
MAINLAND CHINA DOMESTIC
BEST BROKER
Winner: CICC
BEST DCM HOUSE
Winner: Bank of China
BEST ECM HOUSE
Winner: CICC
BEST INVESTMENT BANK
Winner: CICC
BEST LAW FIRM
Winner: Han Kun Law Offices
BEST PRIVATE BANK
Winner: China Merchants Bank
BEST RATINGS AGENCY
Winner: CCXI
MAINLAND CHINA INTERNATIONAL
BEST BANK
Winner: HSBC
BEST CORPORATE BANK - LARGE CORP & MNCs
Winner: Citi
BEST ESG RATINGS AGENCY
Winner: Sustainable Fitch
BEST INVESTMENT BANK
Winner: UBS
BEST RATINGS AGENCY
Winner: Fitch Ratings
BEST SUSTAINABLE BANK
Winner: Crédit Agricole Corporate & Investment Bank
HONG KONG SAR DOMESTIC
BEST BANK
Winner: Bank of China (Hong Kong)
Highly Commended: HSBC
BEST BANK FOR FINANCIAL INCLUSION
Winner: HSBC
BEST BROKER
Winner: Everbright Securities International
BEST DCM HOUSE
Winner: HSBC Investment Bank
Highly Commended: BOC International
BEST INVESTMENT BANK
Winner: HSBC Investment Bank
BEST PRIVATE BANK
Winner: HSBC Global Private Banking
BIGGEST ESG IMPACT - BANKS
Winner: Bank of China (Hong Kong)
Highly Commended: HSBC
MOST DEI PROGRESSIVE - BANKS
Winner: HSBC
MOST INNOVATIVE USE OF TECHNOLOGY - BANKS
Winner: HSBC
MOST INNOVATIVE USE OF TECHNOLOGY - NONBANK FINANCIAL INSTITUTIONS
Highly Commended: WealthRyse
HONG KONG SAR INTERNATIONAL
BEST BANK
Winner: DBS Bank
BEST COMMERCIAL BANK - SMEs
Winner: OCBC Bank
BEST CORPORATE BANK - LARGE CORP & MNCs
Winner: Citi
BEST INVESTMENT BANK
Winner: UBS
BEST PRIVATE BANK
Winner: DBS Bank
BEST SUSTAINABLE BANK
Winner: Crédit Agricole Corporate & Investment Bank
BIGGEST ESG IMPACT - BANKS
Winner: DBS Bank
HONG KONG SAR CHINESE INSTITUTIONS
BEST DCM HOUSE
Winner: CICC
BEST ECM HOUSE
Winner: CICC
BEST OFFSHORE RATINGS AGENCY
Winner: Lianhe Ratings Global
SOUTH KOREA INTERNATIONAL
BEST BANK
Winner: HSBC
BEST SUSTAINABLE BANK
Winner: Crédit Agricole Corporate & Investment Bank
TAIWAN DOMESTIC
BEST BANK
Winner: CTBC Bank
Highly Commended: E.Sun Bank
BEST BROKER
Winner: Yuanta Securities
BEST COMMERCIAL BANK - SMES
Winner: E.SUN Bank
BEST CORPORATE BANK - LARGE CORP & MNCs
Winner: CTBC Bank
BEST DCM HOUSE
Winner: Yuanta Securities
Highly Commended: KGI Securities
BEST INVESTMENT BANK
Winner: CTBC Bank
BEST PRIVATE BANK
Winner: E.SUN Bank
Highly Commended: CTBC Bank
BEST SUSTAINABLE BANK
Winner: Bank SinoPac
Highly Commended: CTBC Bank
MOST DEI PROGRESSIVE - BANKS
Winner: E.SUN Bank
MOST INNOVATIVE USE OF TECHNOLOGY - BANKS
Winner: CTBC Bank
Highly Commended: E.SUN Bank
MOST INNOVATIVE USE OF TECHNOLOGY - NONBANK FINANCIAL INSTITUTIONS
Highly Commended: Capital Securities Corporation
TAIWAN INTERNATIONAL
BEST BANK
Winner: Citi
BEST CORPORATE BANK - LARGE CORP & MNCs
Winner: HSBC
BEST INVESTMENT BANK
Winner: Citi
BEST PRIVATE BANK
Winner: HSBC
BEST SUSTAINABLE BANK
Winner: HSBC
BIGGEST ESG IMPACT - BANKS
Winner: HSBC
Highly Commended: DBS Bank
MOST INNOVATIVE USE OF TECHOLOGY - Banks
Winner: DBS Bank
To see the winners from South Asia, click here, and to see the winners from Southeast Asia click here.
